Long-Standing MOT Garage & Tyre Dealer for Sale in South London
£330,000
£228,077
£71,945
Overview
Leasehold
2003
- Excellent Reputation
- Friendly & Professional Team
- Very Loyal Customer Base
- Recently Refurbished
- Equipment Included
Now on the market is an independent tyre dealer and MOT garage that is top-rated in South London, with a Google rating of 4.9 out of 5 from nearly 400 reviews. The business was founded over 20 years ago as a new and used tyre centre, and recently added a fully compliant, fully fitted MOT station that meets all VOSA requirements. This makes the garage an extremely popular location for MOTs, and it can handle up to 10 MOT tests per day.
The business has four key areas including - new and reused tyres, wheel alignment, MOTs, and basic and essential servicing. The clients are mainly locals, but the business also attracts customers from further afield in London due to its excellent reviews and reputation.
The garage is fully equipped - in addition to the £50,000 spent on the MOT station, the business has recently invested in three new tyre machines, a compressor, new flooring, and tools at a cost of a further £50,000 and as a result, the garage is equipped to the highest of standards.
The garage has 3000 sqft of tyre storage, which allows it to keep in stock low profile and other niche tyres.
The freehold is also available and would be available with offers over £550k with possibility for residential development - waiting on this being approved.
Located in south London between Croydon, Streatham and Mitcham, this garage is ideally located on a main road, the B272, and next to a busy Shell petrol station. As a result, there's plenty of scope for passing trade, and after being long established, the garage is very well-known in the area.
The unit itself is 3000 square feet on three levels, with the MOT station and tyre fitting section on the ground floor (together with a toilet), and with storage for up to 1200 tyres on the upper floors, including a kitchen and office facilities. The unit benefits from security shutters, an alarm system and CCTV.
In addition to the vendor running the business as an owner-operator, there are two staff members - one a fully qualified and experienced MOT tester, and one manager of the tyre shop. Having been recently refurbished throughout and with new MOT facilities, this garage is immaculate.
The business has plenty of scope for growth, as one of the only long-standing garages in the surrounding areas. They could increase opening hours and expand to Sundays, which would allow the business to attract more customers.
The business also does not currently have a website or social media presence, which could be used to increase the customer base - they have heavily relied upon word-of-mouth recommendations, therefore, developing a website with SEO/PPC campaigns and social media channels would be beneficial.
Features
Key Information
- MoT Centre: Yes
- Number of Ramps: 2
- Tyre Sales: Yes
Reputation
- Google: 4.9
Location
- High Street Location
- On-Site Car Parking
- Limited Competition